12 April 2014
I had Gross salary of Rs 25000 for 9.5 months. EPF was 900 from employer and employee both. I was then into contract for 3 months @ 37000 pm. out of which tds @10% was deducted. Please tell me what will be my tax liability for PY 13-14 or there will be refund of 10% deducted.
12 April 2014
pls take FORM 16 FORM EMPLOYER AFTER THAT YOU CAN DECIDE TAX PAYABLE OR REFUNDABLE
25000X9.5= 237500+111000=348500 IS ABOVE EXEMPT LIMIT WHAT YOU SAVING FOR U/S 80C, 80D YOU ARE NOT METION
AND HRA AND SALARY BREAK UP ALSO NOT GIVEN BY YOU.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
18 April 2014
SALARY FOR 9.5 PM Basic -7500 HRA -3000 flexi pay- 5100 travel allowance- 800 edu all - 200 suuplementary allowance- 7500 Gross salary- 24100 PF Employer-900 Total CTC- 25000 lESS- PF EMPLOYEE - 900 PROF TAX- 208 NET SALARY - 22992
Then 3 months contract for 36500 pm on which tax @ 10% deducted pm.
Now please tell how much tax liability. there are no 80 c deductions. I have not given rent reciepts to employer. can i give it now so as to adjust HRA.